I am helping my step-mother sell her flat in Petersham. Will the conveyancing solicitor commission an energy assessment or it is for the owner to coordinate?
Following the abolition of Home Packs, energy assessments was retained a mandatory component of moving house. An EPC needs to be commissioned in advance of the property being advertised. It is not something that solicitors ordinarily arrange. If you are instructing a Petersham conveyancing solicitor they may help arrange energy performance certificates given their relationships with long established local energy assessors
Does a directory service exist listing TSB panel solicitors in Petersham on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lenders make their panel listings visible online. Where you are in need of a Petersham conveyancing practitioner on the TSB please use our tool.
Clydesdale have agreed my mortgage in principle, my offer on a flat in Petersham has been agreed to, now what?
The property agent will need to know who your solicitors are (be sure the conveyancers are on the lender’s approved list). Contact Clydesdale or your broker and complete any appropriate documentation. Clydesdale will appoint a valuer who will get in contact with the estate agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes about a fortnight to receive the mortgage offer. Clydesdale will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Petersham.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who did the conveyancing in Petersham 10 years ago are no longer around. What do I do?
You no longer need to hold title official documentation to prove you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Petersham differ for new build properties?
Most buyers of new build property in Petersham approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Petersham tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Petersham or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a quick, chain free conveyancing. Petersham is where the house is located. Can you offer any opinion?
Flying freeholds in Petersham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Petersham you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Petersham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I have been advised by three or four local estate agents in Petersham to locate a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to promote your site over and above another?
We refuse to make any commission for pointing buyers and sellers in our direction. We thought it would be too underhand a fee because a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Whilst your website is a good idea there are many lawyers listed near Petersham being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our mortgage company?
We do not recommend specific Petersham firms as the right Petersham conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Petersham knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..